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Japan stocks higher at close of trade; Nikkei 225 up 0.53%

Published 11/02/2017, 03:45 AM
© Reuters.  Japan stocks higher at close of trade; Nikkei 225 up 0.53%
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Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Power, Transport and Paper & Pulp sectors led shares higher.

At the close in Tokyo, the Nikkei 225 added 0.53% to hit a new 5-year high.

The best performers of the session on the Nikkei 225 were Kobe Steel, Ltd. (T:5406), which rose 8.73% or 87.0 points to trade at 1083.5 at the close. Meanwhile, Honda Motor Co Ltd (T:7267) added 5.20% or 186.0 points to end at 3762.0 and Tosoh Corp. (T:4042) was up 4.95% or 122.0 points to 2586.0 in late trade.

The worst performers of the session were Nippon Meat Packers, Inc. (T:2282), which fell 11.01% or 360.0 points to trade at 2910.0 at the close. Yamaha Corp. (T:7951) declined 8.39% or 380.0 points to end at 4150.0 and Nippon Suisan Kaisha, Ltd. (T:1332) was down 5.50% or 39.0 points to 670.0.

Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1846 to 1425 and 233 ended unchanged.

Shares in Honda Motor Co Ltd (T:7267) rose to 52-week highs; rising 5.20% or 186.0 to 3762.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 8.14% to 16.34.

Crude oil for December delivery was up 0.02% or 0.01 to $54.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.18% or 0.11 to hit $60.60 a barrel, while the December Gold Futures contract rose 0.00% or 0.06 to trade at $1277.36 a troy ounce.

USD/JPY was down 0.10% to 114.06, while EUR/JPY rose 0.10% to 132.81.

The US Dollar Index Futures was down 0.18% at 94.53.

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